Pay less notice

About this business activity

The contractor is claiming a sum of money that the employer does not agree to pay. Another reason might be if the contractor has not carried out the work to the standards agreed in the contract. Finally, the contractor might want to use a Pay less notice if they are not happy with the progress of the work.

Pay Less Notice (Construction Contract)

The Pay Less Notice (Construction Contract) is a legal template commonly used in the United Kingdom within the construction industry. This document serves as a formal notice to the contractor from the employer, highlighting the intention to pay an amount less than the sum usually invoiced for the completed work or ongoing project.

Under UK law, construction contracts often involve interim payments based on the progress of the project. These payments are typically made in stages or intervals, and the Pay Less Notice template is utilized when the employer believes there are valid grounds to pay an amount less than the sum invoiced by the contractor for a particular payment period.

The notice provides the employer with a legal framework to contest issues such as defects, non-compliance with contractual obligations, or relevant variations undertaken by the contractor. It aims to address potential disputes or disagreements over the contractor's work quality, delays, or additional costs incurred.

When using this template, the employer is required to communicate the reasons and calculations for the reduction in payment. This notice period is typically outlined in the terms and conditions of the construction contract and must be delivered within a specified timeframe before the intended payment date. The Pay Less Notice allows the employer to exercise their contractual right to set off or deduct an appropriate amount from the contractor's interim payment.

Given the complexity of construction projects and the potential disputes that may arise, the Pay Less Notice (Construction Contract) template helps establish transparency and a structured approach to managing payment issues between employers and contractors under UK law.
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Relevant Contract Types

🏚️ Pay less notice

A pay less notice is a notice served by a contractor to a sub-contractor that sets out the sum the contractor considers to be due under the sub-contract. The notice must be served before the final date for payment stated in the sub-contract. If the sub-contractor does not agree with the sum stated in the pay less notice, they can serve a notice of intention to withhold payment.

Featured templates

Advisor Agreement (Payment Via Share Options)

This legal template, titled "Advisor Agreement (Payment Via Share Options) under UK law," is a contractual document that outlines the terms and conditions between a company and an advisor. The agreement is specific to the United Kingdom jurisdiction and focuses on a unique payment arrangement whereby the advisor will receive compensation in the form of share options rather than traditional monetary methods.

The template aims to establish a clear understanding and binding agreement between the company and the advisor regarding the services provided, the duration of the agreement, and the compensation structure. The document will generally include sections such as:

1. Party details: Identifies the company and the advisor, providing their respective names, addresses, and other necessary identification details.
2. Engagement terms: Outlines the scope of services the advisor will provide to the company, specifying the nature of their expertise and the specific areas they will be advising on.
3. Compensation: Details how the advisor will be remunerated for their services primarily through the allocation of share options. It may include information on the method of valuation, the exercise period, vesting conditions, and any additional terms related to the share options.
4. Confidentiality and non-disclosure: Includes provisions to protect the company's sensitive information and trade secrets, ensuring that the advisor maintains strict confidentiality during and after the agreement.
5. Intellectual property: Clarifies the ownership and rights related to any intellectual property created or utilized during the advisory engagement.
6. Termination: Establishes the circumstances under which either party can terminate the agreement, and the notice period required for such termination.
7. Governing law and jurisdiction: Specifies that the agreement will be governed by UK law and designates the specific jurisdiction for any legal disputes that may arise.

The Advisor Agreement (Payment Via Share Options) under UK law is crucial for ensuring a transparent and legally binding relationship between a company and an advisor, outlining the rights, obligations, and compensation structure to protect the interests of all parties involved. As specific laws and regulations may vary, it is advisable to obtain legal counsel to tailor the document to the unique requirements of the situation.
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Consultancy Agreement - Company appointing an individual consultant (not using a personal service company)

The Consultancy Agreement is a legal document that outlines the contractual relationship between a company and an individual consultant, who is not engaged through a personal service company, according to the laws of the United Kingdom. This template serves as a comprehensive agreement that defines the terms, rights, and obligations between both parties throughout the consultancy engagement.

The agreement covers various essential aspects, including the scope of work, deliverables, and project timelines. It outlines the consultant's responsibilities, ensuring they provide their professional expertise, experience, and skills to assist the company in achieving specific objectives. The agreement also details the payment terms, such as the agreed upon consultancy fees, expenses, and reimbursement policies.

Additionally, this template typically addresses the consultant's obligations regarding confidentiality and non-disclosure of any proprietary or sensitive information they may gain access to during the engagement. It may include provisions safeguarding the company's intellectual property rights and ensuring that the consultant does not engage in any conflicting activities or compete with the company's business interests.

The Consultancy Agreement also covers important legal aspects that regulate the relationship between both parties. It typically includes clauses regarding termination and the circumstances under which either party can end the agreement. The document may also address dispute resolution mechanisms, indemnification, liability limitations, and any other necessary legal provisions to protect the interests of both the company and the consultant.

In summary, this legal template for a Consultancy Agreement provides a solid foundation for establishing a clear and mutually beneficial working relationship between a company and an individual consultant under the jurisdiction of UK law. By utilizing this template, both parties can define their expectations, protect their rights, and ensure compliance with applicable legal requirements throughout the consultancy engagement.
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Intellectual Property Assignment (for founders to assign IP to company)

This legal template, called "Intellectual Property Assignment (for founders to assign IP to company) under UK law," is a comprehensive document designed to facilitate the transfer of intellectual property (IP) rights from founders or creators to their company, operating in the United Kingdom.

The template aims to establish a clear and legally binding agreement between the founders and the company regarding the ownership and control of any intellectual property assets developed during the course of business operations. Intellectual property can include a wide range of intangible creations, such as inventions, designs, trademarks, copyrights, or trade secrets.

By utilizing this document, founders can formalize the transfer of their IP rights to the company, ensuring that the company has full rights and control over these assets. The template typically outlines the relevant terms and conditions of the assignment, including details about the IP being transferred, warranties and representations by the founders, and the consideration or compensation, if any, provided to the founders in return for the assignment.

This legal template serves as a valuable tool for both parties involved. For the founders, it ensures that their contributions to the company's IP are appropriately recognized, while also protecting their interests, such as receiving fair compensation or ongoing benefits from the IP. On the other hand, the template provides the company with clear ownership rights and control over the IP, which is crucial for protecting their investments, attracting investors, and facilitating future licensing or commercialization opportunities.

It's important to note that each situation may have unique circumstances, and this template should be customized to fit the specific needs and requirements of the founders and the company. Consulting with legal professionals specializing in intellectual property or corporate law is highly recommended to ensure compliance with UK laws and to address any specific concerns or considerations that may arise during the assignment process.
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